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How to Apply Youths Unemployment Program | Consumer Credit scheme

by myeduproject February 15, 2024
written by myeduproject Published: February 15, 2024Last Updated on February 29, 2024
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How to Apply Youths Unemployment Program | Consumer Credit scheme

How to Apply Youths Unemployment Program | Consumer Credit scheme: To reduce the effect subsidy removal and floating of the naira, FG has begun the Youth Unemployment Benefits program, aimed at reducing the hardship currently faced in the country

The Youth Unemployment Benefits is a Social Security program and a Consumer Credit scheme unemployed Nigerian youths will be paid money monthly for upkeep.

According to the President  “At this period of heightened food prices, Mr. President has committed to doing all that can be done to assist in giving purchasing power to the poorest.

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“In that line, he has committed and instructed that the Social Security Unemployment Program be devised, particularly to cater for the youth, for unemployed graduates, as well as the society as a whole.

“So, we have coming, in the nearest future, an unemployment benefit for the young unemployed, in particular.”

“Finally, in the same line to emphasize that there is empathy… There is a feeling for those who are less well off or a feeling, particularly the pains of this adjustment, there is coming a social consumer credit program.

“So, by making consumer credit available, of course, goods become more affordable, the economy even gets a chance to revive faster because people have the purchasing power that allows them to order for goods, products,”

How to Apply for Youths Unemployment Program

For now, application portal is yet to be opened, but we will advise you to bookmark this page to get information on when it will start

FAQ

Will the Youths Unemployment Program replace the Npower program?

Answer: for now we are not certain about this, the program will have similar characteristics like the npower program, this is because, the both are social security or safety net schemes

When will Npower Batch C stream 2 be paid their months stipends?

Answer; the presidential panel set up to investigate the alleged misappropriation of funds by the ministry of Humanitarian Affairs headed by Mr Wale has hinted that the payment to NSIP beneficiaries will continue in the coming week ( 2 week of March)

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